Forex news

Sterling dominates the FX space as relative rate differentials favour the British currency

The US Dollar Index reflects the dollar’s value against major currencies, with recent moves shaped by Fed policy, trade data and US-Iran tensions. Explore third-party DXY price targets and technical analysis. Past performance is not a reliable indicator of future results.

Markets focus on the latest economic data as central banks reiterate they are data-dependant at the ECB forum in Sintra.

Markets adapt to the new Federal Reserve under Warsh leadership as he offers little information in regards to forward guidance.

Markets await the first meeting from Governor Warsh to determine the likely path for interest rates.

Stubborn inflation has led markets to price in a rate hike from the ECB, but the tone of the meeting will be key.

Markets pull back from recent highs as positioning, rate expectations and geopolitics play into the momentum change.

USDJPY pulls back from recent highs as Japanese officials increase interventions in the Yen, but fundamentals remain unchanged.

Markets remain headline driven as the latest developments in the Middle East point to higher risks of further escalation despite the ceasefire holding.

Gold prices have slid despite rising geopolitical risks stemming from conflict in the Middle East.